source avatarscene

Share

@Plasma summer recap! • Launched Plasma One publicly on June 17, the stablecoin-native neobank with a self-custodial Visa card and Lite / Core / Platinum tiers. Early users who joined in the first week got Core free for a year. • Brought Plasma One to Android on July 14, with six months of Core free for new signups and a $10 bonus after the first $100 spent. • Shipped Platinum physical cards in August, the metal Visa Infinite tier unlocked by locking 100,000 XPL for 12 months. By mid-August, 650+ wallets had locked ~65 million XPL(730+ already) • Plasma One usage ramped after public launch: 40k+ registered users, 40k+ activated cards, Earn + Checking deposits into the high teens of millions, and daily card spend above $400k. • Added more ways to fund and use the account: HyperEVM deposits, BNB Smart Chain top-ups, COP onramps, bank offramps in USD / EUR / MXN / BRL, Face ID unlock, statement/CSV export, and dark mode. • Announced that Open USD coming to Plasma later this year. Plasma is a founding infrastructure / design partner alongside Visa, Mastercard, and American Express. • Partnered with HopNow to support millions of dollars in daily cross-border FX and stablecoin flow. • Enabled Deel USDT payouts onto Plasma, so workers can get paid in USD₮ and spend immediately through Plasma One. • Circle launched native USDC, EURC, CCTP, and Bridge Kit on Plasma. Native USDC deposits into Plasma One are coming in the following weeks. • Ran spend promos through the summer, including 10% back on Starlink These are not all updates. Trillions.

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.